1148 SE 2nd St, Florida City FL 33034

$1,600,000

$991/sq ft

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Overview

Year Built

2025

Sqft

1615

Property Type

Quadruplex

Property Description

Rare four-unit townhome portfolio in Florida City, Florida — the southernmost municipality in Miami-Dade County. This package offering consists of four separate townhome units on individual folios (parcels), sold together as a single commercial investment deal. The units are not attached to each other and are fully leased, well-maintained, and deliver immediate, stabilized cash flow.With 100% occupancy, a proven rent roll, and a current cap rate of 6.48%, this asset is primed to deliver strong risk-adjusted returns from day one.Strategically positioned near the Florida Turnpike and US-1, the properties benefit from robust workforce housing demand driven by proximity to Homestead employment corridors, Everglades National Park, and the Florida Keys. With rental growth momentum throughout South Florida's most affordable submarkets, this portfolio of detached townhomes represents a compelling acquisition opportunity for value-add and income investors alike.

Property Details

MLS#

A11982910

Total Floor in Bldg

2

Building

LE Jardin

Address

1148 2nd St SE

City

Florida City

State/county

FL

Zip/Postal Code

33034

Area

Le Jardin

Country

United States

HOA

Yes

Assoc Fee

$211

Assoc Fee Pd

Monthly

Tax Amount

$7,601

Maint Fee

$--

Tax Year

2025

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Boris Gelfand